Financial institutions and consumer credit. Provides that a reference to federal law in: (1) the first lien mortgage lending act; (2) the Uniform Consumer Credit Code; or (3) the Indiana Code title governing financial institutions; is a reference to the law as in effect December 31, 2023 (rather than December 31, 2022, under current law). Amends Indiana Code provisions concerning accounting practices for credit unions to reflect a new accounting standard that replaces the allowance for loan and lease losses accounting methodology with the allowance for credit losses methodology, as required by the Financial Accounting Standards Board. Establishes a new chapter in the Indiana Code article containing general provisions with respect to financial institutions to require corporations (defined as certain financial institutions organized or reorganized under Indiana law) to notify the director of the department of financial institutions of a reportable cyber incident or notification incident in accordance with the same procedures required by the corporation's federal supervisory authority or federal insurer.
| Authored by Senator Bassler |
| 2024-02-27 | House | House - Third reading | PASS | |
| 2024-01-23 | Senate | Senate - Third reading | PASS |
| Title | Description | Date | View |
|---|---|---|---|
| Fiscal Note | Fiscal Note #1: House Enrolled | 2024-03-01 | Click To View |
| Fiscal Note | Fiscal Note #3: House Comm Sub | 2024-02-27 | Click To View |
| Fiscal Note | Fiscal Note #2: House Comm Sub | 2024-02-26 | Click To View |
| Committee Report | Senate Committee Report | 2024-02-22 | Click To View |
| Vote Sheet | Vote Sheet February 22, 2024 | 2024-02-22 | Click To View |
| Fiscal Note | Fiscal Note #1: House Comm Sub | 2024-02-22 | Click To View |
| Fiscal Note | Fiscal Note #3: Senate Comm Sub | 2024-01-23 | Click To View |
| Fiscal Note | Fiscal Note #2: Senate Comm Sub | 2024-01-22 | Click To View |
| Fiscal Note | Fiscal Note #1: Senate Comm Sub | 2024-01-19 | Click To View |
| Committee Report | Senate Committee Report | 2024-01-18 | Click To View |
| Vote Sheet | Vote Sheet January 17, 2024 | 2024-01-17 | Click To View |
| Fiscal Note | Fiscal Note #1: Introduced | 2024-01-09 | Click To View |
| Date | Chamber | Action |
|---|---|---|
| 2024-03-11 | Senate | Public Law 30 |
| 2024-03-11 | Senate | Signed by the Governor |
| 2024-03-08 | Senate | Signed by the President of the Senate |
| 2024-03-07 | House | Signed by the Speaker |
| 2024-03-04 | Senate | Signed by the President Pro Tempore |
| 2024-02-28 | House | Returned to the Senate without amendments |
| 2024-02-27 | House | Third reading: passed; Roll Call 231: yeas 94, nays 0 |
| 2024-02-26 | House | Representative Speedy added as cosponsor |
| 2024-02-26 | House | Representative Teshka added as sponsor |
| 2024-02-26 | House | Representative Speedy removed as sponsor |
| 2024-02-26 | House | Second reading: ordered engrossed |
| 2024-02-22 | House | Committee report: do pass, adopted |
| 2024-02-06 | House | First reading: referred to Committee on Financial Institutions |
| 2024-01-24 | Senate | Referred to the House |
| 2024-01-23 | Senate | Senator Baldwin added as coauthor |
| 2024-01-23 | Senate | House sponsor: Representative Speedy |
| 2024-01-23 | Senate | Third reading: passed; Roll Call 24: yeas 47, nays 1 |
| 2024-01-22 | Senate | Senator Deery added as second author |
| 2024-01-22 | Senate | Second reading: ordered engrossed |
| 2024-01-18 | Senate | Committee report: amend do pass, adopted |
| 2024-01-09 | Senate | First reading: referred to Committee on Insurance and Financial Institutions |
| 2024-01-09 | Senate | Authored by Senator Bassler |
